Binance Thailand Cryptocurrency Exchange Now Open for Trading
Binance, in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development, has officially launched its joint venture cryptocurrency exchange, Binance Thailand, for public trading.
Nirun Fuwattananukul, CEO of Gulf Binance, expressed gratitude, stating, "We are deeply humbled to finally announce the launch of our local platform to the general public in Thailand. Over the past year, we have been working closely with Thai regulators, putting substantial effort into detailed planning."
Binance Thailand (Binance TH) provides digital asset exchange services, offering trading pairs with the Thai baht. The platform is integrated with local banks in Thailand and has partnered with Binance Kazakhstan for brokerage services, all under the regulatory supervision of Thailand’s SEC, as outlined in the company's official release.
Richard Teng, CEO of Binance, emphasized the commitment to security, transparency, and service quality with the full operation of Binance TH. He stated, “Blockchain technology and digital assets carry the power to bring about financial inclusion. This is a strategic step forward, setting the stage for Thailand’s impending role as a key player in the global digital finance landscape.”